Please find above a short video interview between Peter Switzer and SQM Research’s Louis Christopher. In the interview, Louis tackles property spruikers, dodgy auction statistics, the current state of the housing market, and the outlook for the residential sector.
Louis sees particularly strong housing market conditions in Sydney, but ongoing lacklustre conditions in Melbourne owing to its significant overhang of stock and recent ramping-up of construction. Louis also sees recovery in the Gold and Sunshine Coasts, whereas Brisbane house and unit prices have flattened-out (although he is worried about any unwinding of the mining boom).
Overall, worth a look.